Listing Courtesy of: PILLAR 9 - IDX / First Place Realty
2518 16 Street SW Calgary, AB T2T 4E9
Active (81 Days)
$3,750,000
7,600
SQFT
Description
MLS®:
A2214661
A2214661
Type
Multifamily
Multifamily
Year Built
2025
2025
Style
Attached-Side by Side
Attached-Side by Side
Listed By
Ahmed Ramadan, First Place Realty
Source
PILLAR 9 - IDX
Last checked Jul 15 2025 at 6:43 PM GMT+0000
PILLAR 9 - IDX
Last checked Jul 15 2025 at 6:43 PM GMT+0000
Bathroom Details
Subdivision
- Bankview
Property Features
- Fireplace: Total Fireplace(s) : 0 Gas
Basement Information
- Finished
- Full
- Suite
Flooring
- Hardwood
- Vinyl Plank
Garage
- Double Garage Attached
Parking
- Parking Space(s) : 16
- Garage Faces Front
Stories
- 2
Living Area
- 7,600 sqft
Location
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Jun 27, 2025
Price Changed
$3,750,000
-4%
-150,000
May 12, 2025
Price Changed
$3,900,000
-5%
-200,000
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
tenanted 8-unit asset with legal suites and luxury finishes. Backed by solid rent fundamentals, prime
location, and long-term financing at a low 3.5% rate, this investment offers exceptional ROI with
projected 47.2% annual returns. Ideal for investors seeking low-maintenance income and significant
capital appreciation.
Contact us for pro forma, rent roll, and detailed financial package. Brand New 6-Plex. potential to 8 Plexes currently they are 4 main dwelling size 1900 average each total 7600 sqf above grade. 4 legal basement average 600 sqf total 2400 sqf which mean 10,000 of living space the basement legal suit are in the process of being legal suits by the city of calgary. Prime Calgary SW (Bankview)
Rental Income Potential:
Main units: $3,500 – $4,500/month
Basement suites: $1,500/month
Total projected rent: $20,000 – $24,000/month
Similar nearby units rent at $30/sq. ft., underscoring the income potential.
Key Investment Highlights:
Eligible for CMHC Select Financing – reduce financing costs and increase ROI
Located in a high-demand rental area with proven stability
Turnkey setup—ready for immediate income generation
Ideal for short- and long-term appreciation in a growth-oriented market Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside.
Hurry—this opportunity won’t last long! Contact us today to schedule a viewing